Ugro Capital to Acquire 100% Shareholding of Datasigns Technologies in Cash-only Deal

Ugro Capital Ltd is in the process of completing the acquisition of 100% shareholding of Datasigns Technologies Private Limited (DTPL), the technology platform operating MyShubhLife. The acquisition will be made through an Amended and Restated Share Purchase Agreement dated March 5, 2026, which provides for payment of INR 38.23 crores entirely in cash in a single tranche. This is a revision from the original SPA, which provided for a combination of cash and share swap in two tranches. The revision is part of UGRO's capital allocation approach to avoid equity dilution. The MyShubhLife platform, which is a key part of UGRO’s embedded finance ecosystem, has enabled loan disbursements with an AUM of approximately INR 1,720 crores as of December 31, 2025.